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Call Option Pricing When the Exercise Price is Uncertain, and the Valuation of Index Bonds

Journal of Finance 1978
One of the most attractive features of the recent work on option pricing, ably summarized by Cox and Ross [3] and Smith [8], is the applicability of the option pricing formula to the pricing of other assets.As Black and Scholes [1] point out, corporate stock in a firm which has also issued bonds, can be regarded as a call, with the exercise price being the payment made to the bondholders .

Getting Along Without Regulation Q: Testing the Standard View of Deposit- Rate Competition During the "Wild-Card Experience"

Journal of Finance 1978 33(3), 921
Edward J. Kane, Getting Along Without Regulation Q: Testing the Standard View of Deposit- Rate Competition During the "Wild-Card Experience", The Journal of Finance, Vol. 33, No. 3, Papers and Proceedings of the Thirty-Sixth Annual Meeting American Finance Association, New York City December 28-30, 1977 (Jun., 1978), pp. 921-932